The Greek PM sounds like he intends to go it alone, saying Greece will take any necessary measures to make sure its deficit goals are met. He met with Sarkozy today and assured him that the budget program will be implemented.
On Reuters, the Greek economy minister said there is no question of a package for Greece and that Greece plans to raise its funding in the international capital markets.
Greek risk barometers like bond spreads and credit default swaps are widening again as the markets sort through the “will they or won’t they” headlines…
EUR/USD trades at 1.3740 after a dip to 1.3728.
